Charles Dieter and Joey Davis worked together to steal nearly $50,000 from Valdosta Medical Supply. Charles, an accounts payable clerk, deliberately overpaid a few of the company's vendors. He then called the vendors, explained the "mistake," and asked for the excess to be refunded. Joey, a mailroom employee, intercepted the incoming refund checks and cashed them. The two men split the proceeds. What type of scheme did Charles and Joey commit?
A) Shell company
B) Larceny
C) Pass-through
D) Pay-and-return

Question

Quizplus · Accepted Answer

Charles and Joey committed a pay-and-return scheme by deliberately overpaying vendors and then intercepting and cashing their refund checks.

Charles Dieter and Joey Davis Worked Together to Steal Nearly